Gwyneth Paltrow, dressed all in black and looking kinda 90s'd-out to us, graces the latest issue of Elle. Inside, she talks about how "Beyoncé and Jay" are just begging her to get in the studio and make an album already. And she has a message for anyone who doesn't like GOOP: "Unsubscribe." But Gwyneth, if we did that, where would we learn which brand of $300 cashmere socks to buy? [TFS]

Demi Moore
is the new face of Ann Taylor. [Glam.com
]
Isabeli Fontana
wears a beehive hairdo and a crop-top on the new cover of Vogue
Brazil. [FGR
]
Lane Crawford
, the Asian department store chain, decided to use only Chinese models in its fall ad campaign. Featured are Fei Fei Sun, Liu Wen, Ming Xi, Shu Pei and Xiao Wen Ju
. [WWD
]

Gucci is sponsoring a Women in Cinema award for the first time, to be presented at the Venice film festival. The just-announced finalists are: Caroline Champetier, director of photography of Of Gods and Men; Jessica Chastain, actress in The Tree of Life; Federica Pontremoli, screenwriter for Habemus Papam; Nansun Shi, producer of Detective Dee and the Mystery of the Phantom Flame; and Athina Tsangari, director and producer of Attenberg. Gucci face/actor/performing artist/wannabe commencement speaker/eternal graduate student James Franco is on the judging panel. [Vogue UK]

Kate Middleton, Michelle and Barack Obama, and chef Marcus Samuelsson are among those on this year's Vanity Fair Best-Dressed List. [VF]

In 2010, the global luxury market was worth $244.93 billion, according to a report by Bain & Co. Among cities, New York, Paris, and London were the three largest markets for luxury consumption. [WWD]

Chanel is recalling 20 scarves and 34 styles of clothing sold in April and May of 2010 because they are, apparently, highly flammable. If you've got any fire-hazard Chanel lying around, take it back to wherever you bought it for a full refund. [NYDN]

In other Chanel news, two men were arrested when police foiled an attempted smash-and-grab burglary at the brand's London boutique. London has been beset with early-morning luxury burglaries, which have targeted companies like Jimmy Choo and Anya Hindmarch. [Vogue UK]

Karl Lagerfeld was photographed in St. Tropez without his sunglasses. For a longer look at Karl's naked eyeballs, we recommend Lagerfeld Confidential. [Fashionologie]

Project Runway is getting sued for alleged copyright violations. A Missouri photographer named Marcie Cobbaert alleges that Lifetime posted portraits that she'd taken of contestant Laura Kathleen Planck on its website — and that it added a watermark that indicated the shots belonged to Lifetime. Cobbaert says she did not give permission to Planck, Lifetime or parent company A&E to use the photos, and twice warned the network not to publish them in writing. Cobbaert is seeking damages of up to $180,000 per infringement. [WWD]

Miranda Kerr says her birth experience was more painful than she had expected because doctors hadn't warned her that she was carrying a monster-mega-ginormous (nearly) 10lb baby. "My doctor miscalculated and she thought he would be seven to eight pounds max and he was almost 10 pounds. I decided to not have any pain medication and they had to induce me." Kerr has previously said that during labor, she thought she would die. "I was eating so much and my grandma was like, 'Love, you had better stop eating. You're going to make a big baby and I don't know how you are going to push it out.' I was like, 'Nan, it's fine,' but she was the only one who knew." [SMH]

Petra Nemcova will get married next year. She will wear Marchesa. [Telegraph]

Dov Charney apparently still has money to burn, because he's investing in a restaurant in New York City. [NYTimes]